Aven issues HELOC-backed credit cards that provide homeowners fast access to home equity combined with a premium credit card experience. The company invented the first HELOC-backed credit card and offers products such as the Home Equity Card and a recently launched Rewards Card. Aven says its approach delivers borrowing costs up to 50% lower than traditional credit cards while providing 2% unlimited cash back. The firm reports 3x customer base growth year-over-year, has issued more than $3 billion in aggregate credit lines, and has delivered over $215 million in interest savings to homeowners. Aven plans to expand beyond home equity into multiple asset classes and is launching mortgage refinancing as part of its goal to become a one-stop, technology-powered platform for homeowners. The company emphasizes automation, patented robotics, and large-scale machine learning to underwrite and manage asset-backed financial products at scale. Aven is a technology company that issues the Aven Home Card, a home equity‑backed consumer credit card enabling homeowners to access home equity quickly while retaining traditional credit card convenience. The Home Card advertises rates as low as 7.99% APR, no annual fee, credit lines up to $250,000, 2% unlimited cashback and 7% cashback on hotels, with approvals in under five minutes and closings in as fast as 15 minutes. Since launching in California in 2022, Aven has issued over $1.5 billion in credit lines and says it has saved customers more than $100 million in interest; the company reported roughly 3x revenue growth last year. Aven also offers a free, mobile‑first financial advisory tool, Aven Advisor, which has amassed over 160,000 members. The company plans to expand the Home Card to all 50 states by 2025, scale Advisor, and enter new categories including auto‑backed cards and mortgage refinance. Aven partners with Coastal Community Bank, Member FDIC, and markets its product as a lower‑cost alternative to unsecured credit for qualified homeowners.

Total raised

$252M

Funding rounds

2

Latest round

Series E

Latest activity

Sep 2025